The Organisation for Economic Co-operation and Development (OECD) will evaluate Hungary’s environmental performance at a press conference at the Ministry of Agriculture in Budapest (Kossuth Lajos tér 11), from 9.30 a.m. on Thursday, June 28.

Almost half of the world’s top 100 companies utilize the so-called circular economy to counter the wastefulness of the traditional linear model, according to new research by PwC. In this concept, one companyʼs waste may prove to be anotherʼs raw material.

Minister of Foreign Affairs and Trade Péter Szijjártó met U.S. Secretary of State Mike Pompeo in Washington on Wednesday. Statements released after the meeting indicated differing views on a number of current issues.

Benjámin Lakatos, the CEO of energy trader MET Group, has bought out his partners in the company to become majority owner. Lakatos had held a 24.7% stake in MET, according to data earlier available on the companyʼs website.

A. Wess Mitchell, the U.S. Assistant Secretary of State for European and Eurasian Affairs, visited Hungary Thursday and met with Hungarian government officials as well as members of civil society, says a statement released by the United States Embassy in Budapest.

Carbon dioxide (CO2) emissions from fossil fuel combustion increased by 6.9% in Hungary in 2017 from the previous year, well over the 1.8% European Union average rise, according to first estimates by the EUʼs statistical office Eurostat published Friday.

The state-owned Hungarian Electricity Works (MVM) laid the cornerstone of a 20.6 MW solar plant in Paks, southern Hungary, last Thursday. The production capacity will be equivalent to the energy consumption of 8,500 households.

This weekend clocks move forward one hour at 2 a.m. on Sunday morning as daylight savings time kicks in. According to MAVIR, the Hungarian transmission system operator, shifting from winter to summer time and back saves as much as HUF 4-5 billion a year in Hungary.

The state-owned Hungarian Electricity Works (MVM) on Wednesday laid the cornerstone of a HUF 9 billion solar farm at Felsőzsolca (near Miskolc, northeast Hungary), said to be Hungaryʼs biggest. Meanwhile, oil and gas company MOL revealed that it will spend "several billion forints" to build three solar parks by yearʼs end.